Ascend Group strives to lead the digital services and platform industry, prioritizing the needs of customers and businesses. Emphasizing eco-system development, Ascend Group believes in technology's ability to enhance living standards and business operations in the region. Through subsidiaries like Ascend Money, Ascend Commerce, and True IDC, Ascend Group offers innovative solutions such as FinTech services, e-Commerce, e-Procurement, Fulfilment, Digital Marketing Services, Data Center, and Cloud Services. The company is dedicated to empowering individuals and businesses through their digital services and infrastructure.
Yes. Ascend Money is a private venture-backed company. Investors usually purchase preferred stock and employees typically receive common stock options or restricted stock units (RSUs) as part of their compensation.
Since it is not publicly listed, there is no Ascend Money stock symbol or Ascend Money ticker symbol assigned for Ascend Money.
Private companies typically reserve a stock symbol up to two years prior to an IPO, and disclose this when they file a Form S-1 with the Securities and Exchange Commission when they start the IPO process.
If you own shares of a private company, it may be possible to find liquidity for your holdings before the company goes public. Finding the right private market broker can make all the difference as the best brokers can leverage deep industry relationships and negotiate on your behalf.
If you are interested in selling private stock, sign up and post an indication to get connected with Notice's Premier Brokers.
Private market transactions can be complex and may involve company approvals, legal purchase agreements and wires to third parties. Trades can take 30 - 60 days to complete which is why many investors work with Notice's experienced private market brokers to help guide the process.
Direct share transfers typically require issuer approvals. Issuers may exercise the right of first refusal (ROFR) in order to direct the seller to a buyer of their choosing.
Some issuers do not allow transactions. In these cases, buyers will need to purchase indirect interests in the business via special purpose vehicles (SPVs) or forward purchase contracts (forwards).
Ascend Money stock does not trade publicly on Nasdaq or NYSE because it is still a private company. Ascend Money stock might be available for purchase in the secondary markets, but Ascend Money stock is not available for purchase by the general public, and can not be purchased through traditional brokerage accounts.
Only accredited investors and qualified purchasers can buy private stock. These investors buy pre-IPO stock in the secondary market from existing employees and investors.
Accredited investors can purchase shares in private companies like Ascend Money. Investors can rely on Notice Premier Brokers to find supply and guide them through the trading process.
Because Ascend Money is privately held, its stock is not available for purchase through public stock exchanges like the NYSE or Nasdaq. Retail investors can not access this stock via traditional brokerage accounts, and are not allowed to invest directly in Ascend Money pre-IPO.